Schwab US Broad Market ETF $SCHB Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 50.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 868,134 shares of the company’s stock after selling 901,208 shares during the quarter. Envestnet Asset Management Inc. owned about 0.06% of Schwab US Broad Market ETF worth $22,320,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHB. ARS Wealth Advisors Group LLC grew its holdings in Schwab US Broad Market ETF by 4.3% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after acquiring an additional 405 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Schwab US Broad Market ETF by 1.9% in the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after purchasing an additional 414 shares in the last quarter. Summit Place Financial Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 1.1% during the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after purchasing an additional 425 shares during the last quarter. Triangle Securities Wealth Management grew its stake in shares of Schwab US Broad Market ETF by 0.4% during the third quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock worth $3,013,000 after purchasing an additional 431 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. grew its stake in shares of Schwab US Broad Market ETF by 2.8% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 16,461 shares of the company’s stock worth $392,000 after purchasing an additional 454 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $26.33 on Friday. The stock has a market cap of $38.36 billion, a PE ratio of 25.08 and a beta of 1.02. The stock’s fifty day moving average is $26.51 and its two-hundred day moving average is $25.83. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.